Ethereum is now the leading cryptocurrency because everyone is anticipating the greatest event in the history of ETH and crypto in total. Bitcoin's dominance is going down, which greatly favors Ethereum. This downtrend should continue until the end of the year. It looks like the demand for ETH is now very high and may substantially increase over time before...
The total evaluation for the Ethereum asset is bearish. Please be mindful of the risks you are taking, managing these risks are absolute number 1 priority and the second one is your risk tolerance. A lot of people are really good at calculating, but they are either too much of a wuss or too much of rooster so keep yourself in check always. Be...
The total evaluation for the ethereum asset is bearish. Please be mindful of your risks and tolerance when it comes to handling large amounts of money so that you remain calm always. Plan it out every trade and it doesn't matter if you're wrong or right, saves you a lot of paranoia. I see a very big potential to break 1720$ today and a very nice tendency to pump...
Here is a nice example of a bullish Ascending Triangle. Put/Call ration is 4.31 and Open Interest in top 10 for Sept 16 expiry After that it's quad witching and FOMC so anything goes. Volatility I'm sure it's getting tightly wound for quad witching and Powell. Volatility gained strength today despite indexes being higher. My overall outlook for volatility...
The pair is trading in a triangle and has bounced at the resistance level closing below it. We can expect the pair to drop towards the ascending trendline /support before gathering enough bullish momentum to break above the triangle.
GLMR in the push for a breakout from this triangle... Not bad looking volume. Good luck traders
Godrej consumer product is a potential candidate for a strong breakout. Keep it on your radar!
Ethereum is much stronger than Bitcoin and this trend should continue until we hit the major resistance from 2017, which is approximately another 85% upwards. As you can see on the chart, this whole market structure looks like an ascending triangle. This triangle should break downwards, if we don't want ETH to flip BTC on coinmarketcap. Keep in mind that...
The total evaluation for the Ethereum asset is bearish. Please be mindful of your risk management as always, this is number 1 -- even if you are the most amazing and colorful technical analyst with all those patterns and whatever, all of it are crap in the face of no risk management, in short you might as well be no different to wallstreet redditors. The asset...
Ascending triangle could be forming inside a symmetrical one... VGX gave us 20% in the last trade, and this could be a nice one also... Levels and instructions are on the chart...The hourly oscillator looks ready.. Set alarms, weekend action... Good luck traders!
*PGAS*. Weekly time frame (long term). Ascending triangle pattern. Buy if broke up 1860. TP1 2450, TP2 3050, TP3 (extended) 3380. SL based on theory at 1495, but this is too far below. I would prefer SL at 1780, coz if it down below 1780 it means it dives into the triangle area again, not good, failed to go up. Better exit first, and wait until the next swing low...
The idea here is about :Tata Consumer Product Ltd. I thought of publishing this to show the beauty of how the trend is interconnected with harmonic, wave patterns & market sentiments. Below are the points taken from the chart: 1. On 15th September 2021 downtrend channel begins & till 16th November 2021 chart completes double top & Bearish ABCDE pattern. 2....
It's always about power. Utilities are eyeing all time highs. With this mornings sell off, XLU formed an inverse head and shoulders. The 162% profit target for the structure lines up perfectly with an Ascending Triangle forming on the daily and all time highs. Smash the Boost if you like these ideas. Follow for more unique content and art!
Great news for all Litecoin hodlers and traders! As per my technical analysis, this downtrend established in 2018 has finally finished! This is the LTCBTC pair on the weekly timeframe. It means that it would be better to hold LTC instead of BTC. But there is no guarantee of the USDT value of your holdings. Regarding my Elliott Wave analysis, a major impulse...
The ascending wedge has already made a pump and its going for it again, cuz normally after a pump it will dump a bit and pump back to it's high before a huge dump. You can follow this trade setup and make some profits🚀🚀💸. I will only enter if it closes close to my entry level and above the wedge : ) .
Bitcoin has successfully completed a retracement of the first impulsive wave! This correction was very fast but also relatively strong (almost 0.618 FIB). This was a classic retracement for the second wave. It is possible that we see these lower prices for the last time, so if you are still hesitating and waiting for 13 000 USDT or even 6 000 USDT per bitcoin,...
As per my Elliott Wave analysis, an ABC correction (ZigZag) has been finally completed, and we have to start a new impulse wave! Now or never. We have a falling wedge pattern that is very close to a breakout. Indeed, this is definitely not a nice wedge, but the shape is similar. The previous first impulse wave has a third wave overlap structure, which is...
Daily Flag Pattern 4H Trendline markup for Daily Flag Pattern 4H Ascending Triangle being created after touching bottom of Flag Pattern 4H Bearish Correction 1H Bullish Engulfing on bottom of Ascending Triangle trendline & 4H Zone. 30m double bottom (reversal pattern). Daily exhaustion at 4H Zone.